Meaning of “subordinated” in the English Dictionary

business-english dictionary

"subordinated" in Business English

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subordinatedadjective [ before noun ]

uk /səˈbɔːdɪnət/ us also subordinate FINANCE

used to describe a loan that will be paid back after other loans, if the person borrowing money gets into financial difficulty:

Franklin Auto Loan Funding issued senior and subordinated certificates to three institutional investors.
The group has approximately $41 million of subordinated debt outstanding.

(Definition of “subordinated” from the Cambridge Business English Dictionary © Cambridge University Press)